Which of the following is an example of a transaction that the bank knows about but the customer does not know about until the customer receives the statement? O a. Cash in transit O b. Outstanding checks O c. Interest income O d. Deposits in transit Cash shortages are recorded on the: O a. credit side of the Cash Short and Over account. O b. debit side of the Cash Short and Over account. O c.assets side of a balance sheet. O d. liabilities side of a balance sheet. Which of the following is an internal control guideline for better management of cash receipts? O a. Endorse checks immediately upon receipt with the stamp "For Receipt Only". O b. Maintain separation of duties between cash handling and cash recording. Oc. A bookkeeper should be designated to open all the mail in a company. O d. Post cash receipts to the Accounts Payable account as soon as possible. The Change fund is recorded: O a. on the liabilities side of a balance sheet. Ob. on the assets side of a balance sheet. O c. on the credit side of an income statement. Od on the debit side of an income statement. A company's Cash account is said to be overdrawn when: O a. it shows more credits than withdrawals. O b. it has a credit balance in the general ledger. O c. it has a debit balance in the general ledger. O d. it shows more deposits than payments